But what you describe is what I seen seen Lori do for years.. build a referral base.Also for star agents in Northern CA  Martin Levy was I think the first mega star  he created the team concept before KW was even in business ( I think )  and that guy NAILED it..

Yes, there could be expenses associated with weed control, or fines levied with failure to keep the weeds down.  

@Kendra Levy your instincts are right on, there is a story of why they are losing it to foreclosure.

Most definitely what you describe is not allowed with Airbnb in Denver, at least according to conversations with the excise and license department worker who oversees short-term rentals in Denver.

FAE = franchise AND excise taxesthere is a tax on holdings as well as income in TN.this is the primary reason I believe LLCs in TN should be used strategically.

Surely there is another way investors in TN are taking title to properties without massive liability or franchise/excise tax?

Purchase Price = $126,500Sell Price = $185,000Don't think it matters for this, but Debt currently on it = $126,700 (purchased with 103% loan).Owned for 25 monthsI was told an Excise tax in the area of $3500.Can I use half the cash from this sale as a down payment on the next place and pocket the rest?

2-In the civil judgments I see (company name "not a bank" VS individual "property owner") like the company sued the home owner and trying to collect their debit through judgment at the court then won the case and got the court order to the sheriff/constables to levy and sell at the sheriff auction.

@Levi Bennett thanks!

When was the last special assessment levied?